The FDIC will soon start asking bidders on seized banks to give it a chance to profit if the...

|By:, SA News Editor

The FDIC will soon start asking bidders on seized banks to give it a chance to profit if the deal is well-received by the buyer's shareholders. The FDIC recently collected $23.3M from New York Community Bancorp (NYB) after shares rose more than 16% in the two weeks following the deal, based on the unusual perk in NYB's bid.